Table of Contents
1 Introduction................................................................................................................... 1
2 Background ................................................................................................................... 2
2.1 Giordano Holdings International Limited (0709.HK) ...................................................................... 2
2.2 Esprit Holdings Limited (0330.HK) .................................................................................................... 2
3 Industry Factors ..........................................................................................................3-4
3.1 Distributions ......................................................................................................................................... 3
3.2 Fashions and Product Mix ................................................................................................................... 3
3.3 Technology ............................................................................................................................................ 4
3.4 Seasonaility and Weather ..................................................................................................................... 4
4 Economic Factors.......................................................................................................5-6
4.1 Current Economic Conditions ............................................................................................................. 5
4.1.1 Income / Output ............................................................................................................................... 5
4.1.2 Unemployment................... ...